No visual on file
Market Psychology
Entry #0962
The reason holding through a loss feels safer than closing it
Selling at a loss makes the loss real and final, while holding keeps the possibility of recovery alive, so people hold losing positions to avoid the pain of certainty.
Adept
The hidden part
#0962
Holding a loser feels like patience; it is actually loss aversion in disguise. Selling makes the loss real, and the mind avoids that.